Recent extremely meaningful negative changes in investment behavior have impacted B&G Foods Inc (NYSE: BGS): its shorter term price trend turned down, and the stock fell on very heavy volume.
B&G Foods Inc (NYSE: BGS) has recently experienced significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
BGS is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
B&G Foods has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. B&G Foods has a good Appreciation Score of 78 but a very low Power Rating of 11, resulting in the Low Neutral Value Trend Rating.
Recent Price Action
B&G Foods Inc (NYSE: BGS) stock declined modestly by -1.7% on 11/8/24. The stock closed at $6.49. Moreover, trading volume in this decline was exceptionally high at 232% of normal. The stock has declined -23.8% during the last week and has been weak relative to the market over the last nine months.
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